{"id":588,"date":"2008-09-19T09:48:08","date_gmt":"2008-09-19T16:48:08","guid":{"rendered":"http:\/\/www.stardel.com\/eg\/?p=586"},"modified":"2008-11-16T14:46:59","modified_gmt":"2008-11-16T21:46:59","slug":"whose-economic-policies-work-best","status":"publish","type":"post","link":"https:\/\/stardel.com\/eg\/2008\/09\/whose-economic-policies-work-best\/","title":{"rendered":"Whose Economic Policies Work Best?!?"},"content":{"rendered":"

Personally, I consider the National Debt to be the greatest threat to the future well-being of the United States. Followed closely by deficit spending. Given the economic news of the past week, with the Federal Government doing its best to socialize losses, I expect the debt will continue to grow. (Did you know the National Debt is about to hit $10 Trillion? That’s Trillion, with a Tr.) <\/a><\/p>\n

Avedon<\/a> compiled a review of past administration economic results that Dwight Meredith studied “Just For the Record” – covering 1962-2001.<\/a><\/p>\n

The link has some specific numbers and links to other interesting pages.<\/p>\n

A bit of Summary:
\n<\/p>\n

The twenty years of budgets prepared by Republican presidents increased the national debt by $3.8 trillion. The average yearly deficit under Republican budgets was $190 billion.<\/span><\/p>\n

The twenty years of budgets prepared by Democratic presidents increased the national debt by $719.5 billion. The average yearly deficit under Democratic budgets was $36 billion.<\/span><\/p>\n

<\/span><\/p><\/blockquote>\n

Under the 20 years of Republican administrations the number of non-defense government employees rose by 310,000.<\/span><\/p>\n

Under the 20 years of Democratic administrations, the number of non-defense government employees rose by 59,000.<\/span><\/p>\n

Of the 369,000 employees added between 1962 and 2001, 84% were added under Republican administrations and 16% were added under Democratic administrations.<\/span><\/p>\n

<\/p><\/blockquote>\n

The economy grew in 19 of the 20 years in which Democratic Presidents submitted a budget and in 16 of the 20 years in which Republican Presidents submitted a budget.<\/span><\/p>\n

For the twenty years for which Republican presidents submitted budgets, the average rate of GDP growth was 2.94%.<\/span><\/p>\n

For the twenty years in which Democratic presidents submitted budgets, the average rate of GDP growth was 3.92%.<\/span><\/p>\n

<\/span><\/p><\/blockquote>\n

For the twenty years in which Republican Presidents submitted a budget, the unemployment rate averaged 6.75%.<\/span><\/p>\n

For the twenty years in which Democratic Presidents submitted a budget, the unemployment rate averaged 5.1%.<\/span><\/p>\n

<\/span><\/p><\/blockquote>\n

For the twenty years in which Republican presidents submitted a budget, the inflation rate averaged 4.96%.<\/span><\/p>\n

For the twenty years in which Democratic presidents submitted a budget, the inflation rate averaged 4.26%.<\/span><\/p>\n

<\/span><\/p><\/blockquote>\n

For the twenty years of Republican submitted budgets the average growth rate of Federal non-defense spending was 10.08%.<\/span><\/p>\n

For the twenty years of Democratic submitted budgets the average growth rate of Federal non-defense spending was 8.34%.
\n<\/span><\/p><\/blockquote>\n

\n
\n
\n<\/blockquote>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Personally, I consider the National Debt to be the greatest threat to the future well-being of the United States. Followed closely by deficit spending. Given the economic news of the past week, with the Federal Government doing its best to socialize losses, I expect the debt will continue to grow. (Did you know the National … Continue reading Whose Economic Policies Work Best?!?<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4,9,12,13],"tags":[48,52],"class_list":["post-588","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberating-thoughts","category-politics","category-preparing-for-the-worst","tag-economics","tag-politics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4NpF-9u","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/comments?post=588"}],"version-history":[{"count":3,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/588\/revisions"}],"predecessor-version":[{"id":590,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/588\/revisions\/590"}],"wp:attachment":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/media?parent=588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/categories?post=588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/tags?post=588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}